Crime syndicates in Europe have grown in wealth and sophistication over the past four years, and increasingly rely on networks of professional money launderers to move billions of euros each year through informal, unregulated channels, Europol said Monday. In a 108-page report, the European Union's primary law enforcement agency described organized crime on the continent as a "modern hydra" that is highly adaptable and "fluid and networked," with individual criminals and crime groups connected by brokers and supported by professional enablers with expertise in law, finance, logistics and other specialist trades. "The scale and complexity of money-laundering activities in the...
The European Union Agency for Law Enforcement Cooperation published the EU Serious and Organized Crime Threat Assessment, the EU SOCTA 2021, which provides a detailed analysis of the threat of serious and organized crime landscape.
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